Finance & Funding

Talks have been held in Beijing between Chinese companies and Argentina's Finance and Federal Planning Ministry. Argentina Is keen for Chinese firms to be involved in 15 infrastructure projects worth a total of US$19 billion planned for the South American country. One of the key projects that has been under discussion is that of the Agua Negra Tunnel, which will connect Argentina and Chile through the Andes Mountains. China State Construction Engineering Corporation (CSCEC) is one of several companies inter

Extra funding will help improve the road link connecting Malawi and Zambia. The African Development Fund (ADF) is providing a loan worth US$73.6 million for the fourth phase of the Multinational Nacala Road Corridor Development project. This route connects Malawi and Zambia and is of major economic importance to both nations, but particularly for Malawi as its transport connections with its neighbours are not well developed. The ADF is providing loans of $7.7 million to Zambia and a loan of $65 million to M

A major Brazilian highway concession package has been awarded to Triunfo Participações e Investimentos (TPI). The US$3.02 billion tender is for a multiple federal highway concession package for the BR-060, BR-153 and BR-262, according to a report from Business News Americas. This deal covers some 1,177km of highway stretches, including the installation of 11 tollbooths and widening 648km of roads within a five year period. The sections of highway involved in the deal are in Brazil’s Federal District as well

A €10 million contract from the European Commission will form the basis of work to strengthen essential infrastructure development across the Western Balkans. A consortium led by Mott MacDonald, and including WYG and WS Atkins has been awarded this contract to carry out the engineering consultancy work required for the infrastructure expansion. This is an extension to an earlier contract awarded last year to provide technical assistance as part of the Infrastructure Projects' Facility (IPF) of the Western B

The UK Government has released its National Infrastructure Plan 2013 (NIP2013) at an event held in London at the Institution of Civil Engineers (CIHT). The National Infrastructure Plan 2013 sets out the UK Government’s vision and strategic objectives for infrastructure by assessing the needs, now and in the future, setting out a policy approach, identifying priority projects and providing a plan for delivery. The scheme will fund improvements to the A50 around Uttoxeter starting no later than 2015 to 2016,